International

MasterCard Creates New Sub-Regions In Asia/Pacific region
June 19, 2015

MasterCard announced yesterday (June 18) the appointment of two Co-Presidents of two new sub-regions, which include the region’s biggest markets – China and India. Ling Hai and Ari Sarker are Co-Presidents of the Asia-Pacific region. Ling Hai will be focused on North East Asia and Australasia...

Europe
Imagotag Seals €35m NFC Contract in Europe
June 19, 2015

Imagotag, a subsidiary of Store Electronic Systems (SES), an electronic shelf labels supplier, just sealed an exclusive agreement in Germany with a mysterious “leading international retailer.” The €35m contract, which is one of the world’s largest ESL roll-out agreements to date according to Imagotag’s website,...

Google And Ingenico Team Up To Help Europeans Boost Cross-Border eCommerce
June 19, 2015

Ingenico and Google are banding together to help European merchants grow relationships, and sales, beyond their own borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

International
Let Traditional State-Run Banks Create Online Units, Says China Central Bank Researcher
June 19, 2015

Upstart financial institutions have been using technology to encroach on areas typically the province of China’s state-run banks, according to a senior central bank researcher. And the country’s regulators should set up rules allowing those traditional firms to create online finance units to battle that...

Borderfree Expands To More Than 220 Countries And Territories
June 18, 2015

The global e-commerce platform Borderfree announced yesterday (June 17) that it’s adding 120 new countries and 15 new currencies to its platform. Merchants using the global e-commerce platform will now reach more than 220 countries and territories, including high potential emerging luxury ecommerce markets such...

International
RuPay To Rival MasterCard And Visa In India
June 17, 2015

RuPpay, India’s largest domestic payment network, will rollout its own credit cards by 2016, The Economic Times reports. This is good news for the majority of Indian merchants who still have to wait for their payments to be brought back to them by deliverymen. But...

International
With The Unbanked’s Financial Product Needs, One Size Does Not Fit All
June 16, 2015

The world’s unbanked population needs new services and could benefit from a new approach from financial institutions, MasterCard Advisors finds. In the research effort by Amit Jain, principal at the Global Payments Strategy Knowledge Center with MasterCard Advisors, key takeaways include the fact that myths...

To Go Where No V-Card Has Gone Before
June 16, 2015

The more complicated the B2B payments problem, the less complex its solution has to be for businesses to implement. PYMNTS sat down with WEX’s SVP and General Manager of Virtual Payments, Jim Pratt, to get a look inside their V-card strategy and how companies from...

Ecobank/MasterCard Partner To Expand Payments In Africa
June 16, 2015

MasterCard announced yesterday (June 15) a new partnership with Ecobank to push electronic payments over the next 10 years in 32 sub-Saharan African countries – where, according to Michael Miebach, MasterCard President, Middle East and Africa, 90 percent of transactions are made in cash. Get the Full...